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From the June-23, 2010 issue of Credit Union Times Magazine • Subscribe!

Fiserv Books 225 Core Renewals

A total of 225 credit unions have renewed their core processing relationships with Fiserv Inc. since September 2009, the company said last week.

The company currently serves about 2,500 credit unions and has about a 32% share of the account processing market, Fiserv said, citing NCUA data.

Clients cited a broad portfolio of integrated value-added solutions and long-term relationships with Fiserv support teams as decisions to extend contracts, the company said.

"The credit union movement is alive and well at Fiserv," said Scott Butler, president, Credit Union Solutions at Fiserv in Brookfield, Wis.

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